Business

Here are the top business stories in Cyprus from the week starting May 6: The Easter holiday season saw a 50 per cent decline in business activity for restaurants, bars, and other ...

Airbnb shares tumbled more than 6 per cent earlier this week after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took ...

Ferrari’s (RACE.MI) core earnings rose 13 per cent in the first quarter but its shares fell earlier this week as the luxury sports car maker confirmed its full-year forecasts, ...

Reddit shares soared 14 per cent earlier this week after the social media firm floored investors with strong revenue growth and improving profitability in the first earnings since its market debut. ...

Video game publisher Electronic Arts (EA.O) forecast full-year bookings below Wall Street estimates on Tuesday amid a broader spending slowdown in the gaming industry due to an uncertain economic ...

TLDR A crypto enthusiast made $8.39 million through his $100 investment. $RECQ provides more than 237% gains ahead of the official launch. LarpVonTrier is making significant waves with his inspiring investment story, as ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

By Andreas Charalambous and Omiros Pissarides Following successive interest rate hikes and the policy of gradual quantitative easing in the developed economies over the last two years, emerging macroeconomic conditions ...

Walt Disney’s (DIS.N) surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office, sending its shares down 6 ...

British construction companies enjoyed their fastest expansion in more than a year during April, despite a further drop in house-building, according to a survey on Tuesday that added to signs ...

The future of the maritime industry is set to be a focal point at the Poseidonia 2024 World Expo, where a wide range of critical industry issues will be analysed by ...

The cost of coffee fell in Cyprus between March 2023 and March 2024, according to the European Union’s statistical service Eurostat. On average, coffee cost 2.3 per cent less in March this ...

Cyprus’ trade deficit narrowed sharply in the first quarter of this year annually, mainly reflecting the deceleration in prices and inflation, according to a report by the Cyprus Statistical Service (...

Numerous brands are now working in the demanding marketplace where consumers are becoming more and more environmentally-conscious. Packing papers play a crucial role in making this happen. They also provide ...

If there’s one region in Cyprus that has consistently delivered unforgettable summer holidays, that’s Ayia Napa. This iconic destination, with its stunning beaches, impressive nature, famous nightlife, and ...

Cyprus’ tourism revenue surged by 15 per cent year-on-year in February 2024, marking a significant recovery following a slight 0.9 per cent dip in the first month of the year, according to a ...

The pound rose on Friday after data showed the British economy beat expectations in the first quarter of the year, growing 0.6 per cent and leaving behind 2023’s mild recession. Sterling ...

Cryptocurrency altcoins are a great opportunity for investors to earn significant returns. However, most invest too late. Instead of buying early, they purchase altcoins once they’ve already gone mainstream. ...

Hellenic Bank is set to release its quarterly financial results for the year 2024 on May 24, according to an official announcement by the bank. According to the announcement, the bank’s ...

The Bank of Cyprus (BoC) on Friday released a statement notifying its shareholders that they can now receive their dividends electronically, while also providing them with the necessary information to ...

By Kyriacos Nicolaou The Cyprus Mail recently had the opportunity to sit down for a one-on-one interview with Timur Turlov, the 36-year-old CEO of Freedom Holding Corp., to discuss the ...

The United Arab Emirates (UAE) tourist market for Cyprus is steadily on the rise, according to Deputy Minister of Tourism Kostas Koumis, who stressed the need for increased attention to ...

Cyprus’ Gross Domestic Product (GDP) is projected to rise by 2.9 per cent in 2024, according to the latest estimates released on Thursday by the Finance Ministry, which are valid up to ...

Warner Bros Discovery posted a quarterly loss that was larger than expected as advertising sales slumped at its cable TV unit and the studio segment contended with the fallout of ...